Is Bainbridge Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bainbridge Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Bainbridge Township has remained a Seller's Market.

Key Takeaway

Bainbridge Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bainbridge Township, OH cost?

Median Sold Price

$425,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$3,250(-0.8%)

Key Takeaway

Homes in Bainbridge Township have sold for 0.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $495K-
N/A
2 $192.5K$199K
+3.4%
3 $310K$311K
0.3%
4 $534.2K$465K
-13.0%
5+ $620K$782.5K
+26.2%

Median Sold Price Compared To Nearby Cities

Chagrin Falls
+6.5%
Chagrin Falls Township
+6.5%
Chagrin Falls
+2.2%
Bainbridge Township
-0.8%

How many homes are available in Bainbridge Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
5447-13.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 85
-37.5%
3 1413
-7.1%
4 2621
-19.2%
5+ 68
+33.3%

Number of Homes Sold

Oct 2022Nov 2022%
1514-6.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bainbridge Township, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
47 Days28 Days-39.7%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bainbridge Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bainbridge Township, OH

There are 47 homes are for sale in Bainbridge Township, OH real estate market. The inventory of homes for sale in Bainbridge Township, OH between October 2022 and November 2022 decreased by 13%. Listings spent 28 days on the market in November 2022, and had a median list price of $425,000 during the same period. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 3.4%, 3 bedrooms properties became 0.3% more expensive, prices of 4 bedrooms properties decreased by 13%, prices of 5 bedrooms properties increased by 26.2%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 37.5%, 3 bedrooms homes inventory decreased by 7.1%, 4 bedrooms homes became 19.2% less available, volume of 5 bedrooms homes went up by 33.3%. While more than 4 listings in Bainbridge Township, OH in November 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 5 were sold below.

Related Housing Market Reports